Execution
Automation, order types, slippage, and bridging the gap between backtest and live trading.
Key Concepts
- Automation as discipline — Bots execute rules; they don't replace judgment.
- Order types — Limit, market, stop — and when to use each.
- Slippage — The cost of getting filled at a different price than expected.
- Paper vs. live — Why paper trading results don't fully translate.
Articles
Automation: When Bots Execute Your Rules
Automation isn't about making more money — it's about making sure your rules are followed when you're most tempted to break them.
Paper vs. Live: Why Simulated Results Don't Translate
Paper trading tests your logic, not your performance. Learn what the gap between simulation and live trading actually consists of — and how to cross it.
Liquidity: Reading the Order Book
Price tells you where the market is. Liquidity tells you whether you can actually trade there. Learn to read the order book before it reads you.
Order Types: Choosing Your Weapon
Most traders obsess over what to buy. Botters also design how to buy. The right order type protects your edge; the wrong one destroys it.
Slippage: The Tax You Don't See
The price you click is not the price you get. Slippage silently drains your edge on every trade—unless you learn to measure and minimize it.